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Multifamily Property with On-Site Laundry
New
For Sale
$2,275,000

1432 N Fairfax Ave, Los Angeles, CA 90046

One- and two-bedroom layouts are complemented by common laundry and separate gas and electric meters.

Property Size7,622 SF
Lot Size0.15 Acres
Price / SF$298.48
Days on Market7

Property Features for 1432 N Fairfax Ave

General Information

Standard status Active
Size 7,622 SF
Total Parking Spaces 8
Lot size 0.15 Acres
Property subtype MULTI_FAMILY
Zoning LAR2

Amenities

common laundry facilities
new camera security system

Building Details

Building Size 7,622 SF
Year Built 1964
Tenancy Multi
Listing Agency: Lyon Stahl Investment Real Estate, Inc.
Listed By: Jordan Asheghian · License #01886605
Source: Benbelack
Added: Oct 7 Changed: Oct 10 Last Checked: Oct 13 at 12:37AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lyon Stahl Investment Real Estate, Inc.

Investment Insights

Based on property information with market context.

This multifamily property was built in 1964 and sits on a 6,660-square-foot lot zoned LAR2. The unit mix includes one- and two-bedroom layouts averaging approximately 953 square feet each. Common laundry facilities and eight parking spaces serve the property, while gas and electric service are separately metered. Improvements include new main electrical equipment and subpanels, a completed seismic retrofit, gas shut-off valves, a completed SB 721 balcony inspection, and a camera security system.

The property is near Sunset Boulevard and Fairfax Boulevard in Los Angeles.

Key Highlights

  • One- and two‑bedroom layouts averaging approximately 953 SF each
  • 6,660 SF lot zoned LAR2
  • 8 parking spaces and common laundry facilities

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Pet Grooming Service Tanning Salon Butcher (Bike/Boat/Book/etc) Store Veterinary Clinic Bar & Pub

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,079
Businesses Nearby

Demographics for 90046, CA

49,987
Population
31,929
Households
1.6
Avg Household Size
39
Median Age
63%
College-Educated
95%
High-School Grad
5.7 sq mi
ZIP Area
8,770
Density / Sq Mi
$94,259
Median Household Income
$65,607
Median Earnings
$2,204
Median Rent
$1,411,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - One- and two-bedroom layouts are complemented by common laundry and separate gas and electric meters.
Where is this multifamily property located?
The property is located at 1432 N Fairfax Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,275,000.
What are key features of this property?
This property features: One- and two‑bedroom layouts averaging approximately 953 SF each; 6,660 SF lot zoned LAR2; 8 parking spaces and common laundry facilities
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